CORNELIUSSEN OPTIKK ARENDAL AS

4836 ARENDAL

Finances

Return on Equity

128,43 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 429 000	8 475 000	8 060 000	8 002 000
Net Income	1 012 000	925 000	1 157 000	639 000
Total Assets	2 871 000	2 770 000	4 107 000	2 752 000
Total Equity	788 000	789 000	790 000	233 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 429 000	8 475 000	8 060 000	8 002 000
Expenditure	7 100 000	7 204 000	6 535 000	7 153 000
Operating Profit	1 330 000	1 272 000	1 525 000	849 000
Financial Income	4 000	3 000	8 000	9 000
Financial Costs	41 000	51 000	56 000	53 000
Financial Balance	−37 000	−48 000	−48 000	−44 000
Earnings Before Tax	1 293 000	1 224 000	1 477 000	805 000
Tax	281 000	299 000	320 000	166 000
Net Income	1 012 000	925 000	1 157 000	639 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	419 000	352 000	236 000
Total Current Assets	2 503 000	2 351 000	3 755 000	2 516 000
Total Assets	2 871 000	2 770 000	4 107 000	2 752 000
Total Retained Equity	718 000	719 000	720 000	163 000
Total Equity	788 000	789 000	790 000	233 000
Total Long-Term Debt	0	0	1 603 000	1 590 000
Total Current Debt	2 083 000	1 981 000	1 714 000	929 000
Total Equity and Debt	2 871 000	2 770 000	4 107 000	2 752 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 429 000	8 475 000	8 060 000	8 002 000
Other Income	0	0	0	0
Revenue	8 429 000	8 475 000	8 060 000	8 002 000
Cost of Goods Sold	2 107 000	2 086 000	1 960 000	1 904 000
Salary Costs	2 894 000	2 913 000	2 516 000	2 908 000
Depreciation	89 000	81 000	56 000	46 000
Impairment	0	0	0	0
Expenditure	7 100 000	7 204 000	6 535 000	7 153 000
Operating Profit	1 330 000	1 272 000	1 525 000	849 000
Financial Income	4 000	3 000	8 000	9 000
Financial Costs	41 000	51 000	56 000	53 000
Financial Balance	−37 000	−48 000	−48 000	−44 000
Dividends	1 000 000	750 000	600 000	0
Net Income	1 012 000	925 000	1 157 000	639 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	366 000	417 000	350 000	234 000
Total Tangible Assets	366 000	417 000	350 000	234 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	368 000	419 000	352 000	236 000
Stock	715 000	712 000	731 000	694 000
Total Investments	0	0	0	0
Cash, Bank	1 688 000	1 558 000	2 982 000	1 741 000
Total Current Assets	2 503 000	2 351 000	3 755 000	2 516 000
Total Assets	2 871 000	2 770 000	4 107 000	2 752 000
Total Equity	788 000	789 000	790 000	233 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 603 000	1 590 000
Creditors	219 000	173 000	217 000	177 000
Unpaid Taxes	270 000	258 000	277 000	281 000
Dividends	1 000 000	750 000	600 000	0
Other Current Debt	318 000	537 000	313 000	305 000
Total Current Debt	2 083 000	1 981 000	1 714 000	929 000
Total Equity and Debt	2 871 000	2 770 000	4 107 000	2 752 000

Financial indicators	2022	2021	2020	2019
Return on Equity	128,43 %	117,24 %	146,46 %	274,25 %
Debt-to-Equity Ratio	0	0	2,03	6,82
Operating Profit Margin	15,78 %	15,01 %	18,92 %	10,61 %
Current Ratio	1,2	1,19	2,19	2,71
Quick Ratio	1,83	1,85	3,82	10,71
Equity Ratio	0,27	0,28	0,19	0,08
Gross Profit Margin	75 %	75,39 %	75,68 %	76,21 %